ACCOUNTV - Final Accounts

An analysis of turnover by class of business is as follows:

Registered number: 01091723

BURNELL CONTROLS (KENT) LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

BURNELL CONTROLS (KENT) LIMITED

COMPANY INFORMATION

Directors	L J Sutherland
	J J Sutherland
	J Blake
	M R Osborne
	J A Young


Company secretary	L J Sutherland Mrs W Sutherland (appointed 28 July 2026) Mrs S A Sutherland (appointed 28 July 2026) Mrs J Blake (appointed 28 July 2026)


Registered number	01091723


Registered office	11 Masthead
	Capstan Court
	Crossways Business Park
	Dartford
	Kent
	DA2 6QG


Independent auditors	Barnes Roffe Audit Limited
	Chartered Accountants & Statutory Auditor
	Charles Lake House
	Claire Causeway
	Crossways Business Park
	Dartford
	Kent
	DA2 6QA


Bankers	Barclays Bank Plc
	Dartford
	Kent
	DA3 7QD

BURNELL CONTROLS (KENT) LIMITED

CONTENTS

	Page
Strategic Report	1
Directors' Report	2 - 3
Independent Auditors' Report	4 - 8
Statement of Comprehensive Income	9
Balance Sheet	10
Statement of Changes in Equity	11
Statement of Cash Flows	12 - 13
Notes to the Financial Statements	14 - 24

BURNELL CONTROLS (KENT) LIMITED

STRATEGIC REPORT

FOR THE YEAR ENDED 31 JANUARY 2026

Introduction

The directors present their strategic report to accompany the financial statements for the year ended 31 January 2026.

Business review

The company operates within a specialised market providing the design, build, installation and on-going maintenance of bespoke electrical solutions. We are committed to providing a high-quality service and to building long-term relationships with our clients.

Whilst turnover reduced, margin and profitability remained at an acceptable level, in a competitive market. We continue to invest in the development of both our personnel and infrastructure. The directors consider that the outlook for 2027 will remain competitive. Whilst the indications are that the market remains buoyant there continues to be economic pressure as prices increase.

Principal risks and uncertainties

The market for our services remains competitive with both smaller businesses and larger companies competing on price. Whilst we will continue to compete on price we will concentrate on projects where our expertise, experience and size allows us to maximise our opportunities. We will continue to monitor new and existing customer accounts and payment patterns in order to minimise our exposure to bad debt. The company has cash reserves and without external debt is not exposed to potential interest rate risks.

Financial key performance indicators

The company’s key performance indicators are turnover, gross margin and overall profitability. Given the straightforward nature of the business the directors are of the opinion that analysis using further KPIs is not necessary for an understanding of the development, performance or position of the business.

This report was approved by the board and signed on its behalf.

L J Sutherland

Director

Date: 19 October 2026

Page 1

BURNELL CONTROLS (KENT) LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 JANUARY 2026

The directors present their report and the financial statements for the year ended 31 January 2026.

Directors' responsibilities statement

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The profit for the year, after taxation, amounted to £780,799 (2025 - £1,609,118).

Dividends were voted in the year totalling £325,881 (2025 - £1,005,008).

Directors

The directors who served during the year were:

L J Sutherland

J J Sutherland

J Blake

M R Osborne

J A Young

Page 2

BURNELL CONTROLS (KENT) LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2026

Disclosure of information to auditors

Each of the persons who are directors at the time when this Directors' Report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Post balance sheet events

There have been no significant events affecting the company since the year end.

Auditors

The auditors, Barnes Roffe Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

This report was approved by the board and signed on its behalf.

L J Sutherland

Director

Date: 19 October 2026

Page 3

BURNELL CONTROLS (KENT) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNELL CONTROLS (KENT) LIMITED

Qualified Opinion

We have audited the financial statements of Burnell Controls (Kent) Limited (the 'company') for the year ended 31 January 2026, which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Cash Flows, the Statement of Changes in Equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion, except for the effects of the matter described in the Basis for qualified opinion section; in our opinion the financial statements:

∙give a true and fair view of the state of the company's affairs as at 31 January 2026 and of its profit for the year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for qualified opinion

We were not appointed as auditor of the company until after 31 January 2025 and thus did not observe the counting of physical inventories and work in progress at the January 2025 year end. We were unable to satisfy ourselves by alternative means that physical inventories and work in progress quantities held at 31 January 2025, which are included in the balance sheet at £860,248, by using other audit procedures. Consequently we were unable to determine whether any adjustment to this amount at 31 January 2025 was necessary or whether there was any consequential effect on cost of sales for the year ended 31 January 2026.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion.

Page 4

BURNELL CONTROLS (KENT) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNELL CONTROLS (KENT) LIMITED (CONTINUED)

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Matter

The financial statements of Burnell Controls (Kent) Limited for the year ended 31 January 2025 were not audited. Accordingly, we do not express an opinion on the comparative figures in these financial statements.

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

As described in the basis for qualified opinion section of our report, we were unable to satisfy ourselves concerning the inventory quantities held of £860,248 at 31 January 2025. We have concluded that where the other information refers to the prior year inventory balance or current year related balances such as cost of sales, it may be materially misstated for the same reason.

Opinion on other matters prescribed by the Companies Act 2006

Except for the possible effects of the matter described in the basis for qualifies opinion section of our report, in our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.

Page 5

BURNELL CONTROLS (KENT) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNELL CONTROLS (KENT) LIMITED (CONTINUED)

Matters on which we are required to report by exception

Except for the matter described in the basis for qualified opinion section of our report. in the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

Arising solely from the limitation on the scope of our work relating to inventory, referred to above:

- we have not obtained all the information and explanations that we considered necessary for the purpose of our audit; and
- we were unable to determine whether adequate accounting records have been kept

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made

Responsibilities of directors

As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Page 6

BURNELL CONTROLS (KENT) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNELL CONTROLS (KENT) LIMITED (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with law and regulations, was as follows:

• The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
• We identified the laws and regulations applicable to the company through discussion with directors and other management, and from our commercial knowledge and experience of the relevant sector;
• The specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, are as follows;
  o Companies Act 2006.
  o FRS102.
  o Health and Safety legislation.
  o Employment legislation.
  o Tax legislation.
• We assessed the extent of compliance with the laws and regulations identified above through making enquiries of management, reviewing board minutes, inspecting certificates of compliance and inspecting legal correspondence;
• Laws and regulations were communicated within the audit team at the planning meeting, and during the audit as any further laws and regulation were identified. The audit team remained alert to instances of non-compliance throughout the audit; and

We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur by:

• Making enquires of management as to where they consider there was susceptibility to fraud and their knowledge of actual suspected and alleged fraud;
• Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations;
• Reviewing the financial statements and testing the disclosures against supporting documentation;
• Performing analytical procedures to identify any unusual or unexpected trends or anomalies;
• Inspecting and testing journal entries to identify unusual or unexpected transactions;
• Assessing whether judgement and assumptions made in determining significant accounting estimates were indicative of management bias; and
• Investigating the rationale behind significant transactions, or transactions that are unusual or outside the company’s usual course of business.

The areas that we identified as being susceptible to misstatement through fraud were:

Page 7

BURNELL CONTROLS (KENT) LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF BURNELL CONTROLS (KENT) LIMITED (CONTINUED)

• Management bias in the estimates and judgements made;
• Management override of controls;
• Revenue recognition; and
• Posting of unusual journals or transactions.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Other matters

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Ricky Downey (Senior Statutory Auditor)

for and on behalf of

Barnes Roffe Audit Limited

Chartered Accountants

Statutory Auditor

Charles Lake House

Claire Causeway

Crossways Business Park

Dartford

Kent

DA2 6QA

Date: 22 October 2026

Page 8

BURNELL CONTROLS (KENT) LIMITED

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 JANUARY 2026

	2026	2025
Note	£	£


Turnover	3	11,874,996	16,804,829
Cost of sales		(9,438,546)	(13,363,971)
Gross profit		2,436,450	3,440,858
Administrative expenses		(1,440,081)	(1,341,747)
Operating profit		996,369	2,099,111
Interest receivable and similar income	7	52,907	56,071
Interest payable and similar expenses		(43)	(3,574)
Profit before tax		1,049,233	2,151,608
Tax on profit	9	(268,434)	(542,490)
Profit for the financial year		780,799	1,609,118

There were no recognised gains and losses for 2026 or 2025 other than those included in the statement of comprehensive income.

There was no other comprehensive income for 2026 (2025:£NIL).

The notes on pages 14 to 24 form part of these financial statements.

Page 9

BURNELL CONTROLS (KENT) LIMITED

REGISTERED NUMBER: 01091723

BALANCE SHEET

AS AT 31 JANUARY 2026

	2026	2026	2025	2025
Note	£	£	£	£

Fixed assets
Tangible assets	10		240,418		313,444
Current assets
Stocks	11	1,628,644		860,248
Debtors: amounts falling due within one year	12	3,902,513		1,641,351
Cash at bank and in hand	13	502,917		2,078,881
		6,034,074		4,580,480
Creditors: amounts falling due within one year	14	(3,381,911)		(2,438,019)
Net current assets			2,652,163		2,142,461
Total assets less current liabilities			2,892,581		2,455,905
Provisions for liabilities
Deferred tax	15	(52,929)		(71,171)
Other provisions	16	(140,000)		(140,000)
			(192,929)		(211,171)
Net assets			2,699,652		2,244,734

Capital and reserves
Called up share capital	17	100	100
Capital redemption reserve		5	5
Profit and loss account		2,699,547	2,244,629
		2,699,652	2,244,734

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

L J Sutherland	J J Sutherland
Director	Director

Date: 19 October 2026

The notes on pages 14 to 24 form part of these financial statements.

Page 10

BURNELL CONTROLS (KENT) LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JANUARY 2026

	Called up share capital	Capital redemption reserve	Profit and loss account	Total equity
	£	£	£	£
At 1 February 2025	100	5	2,244,629	2,244,734

Profit for the year	-	-	780,799	780,799
Dividends: Equity capital	-	-	(325,881)	(325,881)
At 31 January 2026	100	5	2,699,547	2,699,652

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 JANUARY 2025

	Called up share capital	Capital redemption reserve	Profit and loss account	Total equity
	£	£	£	£
At 1 February 2024	100	5	1,640,519	1,640,624

Profit for the year	-	-	1,609,118	1,609,118
Dividends: Equity capital	-	-	(1,005,008)	(1,005,008)
At 31 January 2025	100	5	2,244,629	2,244,734

The notes on pages 14 to 24 form part of these financial statements.

Page 11

BURNELL CONTROLS (KENT) LIMITED

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 JANUARY 2026

			2026	2025
			£	£

Cash flows from operating activities
Profit for the financial year	780,799	1,609,118
Adjustments for:
Depreciation of tangible assets	70,139	83,124
Loss on disposal of tangible assets	(5,721)	-
Interest paid	43	3,574
Interest received	(52,907)	(56,071)
Taxation charge	268,434	542,490
(Increase)/decrease in stocks	(768,396)	531,816
(Increase) in debtors	(2,261,162)	(160,867)
Increase/(decrease) in creditors	1,378,692	(911,210)
Increase in provisions	-	40,000
Corporation tax (paid)	(721,476)	(166,333)
Net cash generated from operating activities	(1,311,555)	1,515,641

Cash flows from investing activities
Purchase of tangible fixed assets	(25,392)	(31,236)
Sale of tangible fixed assets	34,000	-
Interest received	52,907	56,071
Net cash from investing activities	61,515	24,835

Page 12

BURNELL CONTROLS (KENT) LIMITED

STATEMENT OF CASH FLOWS (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2026

		2026	2025
		£	£


Cash flows from financing activities
Repayment of loans	-	(60,750)
Dividends paid	(325,881)	(1,005,008)
Interest paid	(43)	(3,574)
Net cash used in financing activities	(325,924)	(1,069,332)
Net (decrease)/increase in cash and cash equivalents	(1,575,964)	471,144
Cash and cash equivalents at beginning of year	2,078,881	1,607,737
Cash and cash equivalents at the end of year	502,917	2,078,881

Cash and cash equivalents at the end of year comprise:
Cash at bank and in hand	502,917	2,078,881
	502,917	2,078,881

The notes on pages 14 to 24 form part of these financial statements.

Page 13

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

Burnell Controls (Kent) Limited is a private company incorporated in England and Wales. The address of the registered office can be found on the company information page of these financial statements. The principal activity of the company during the year was that of the design and construction of electrical control systems.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

Page 14

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.3

Tangible fixed assets (continued)

Depreciation is provided on the following bases:

Long-term leasehold property	-	Straight line over lease term
Short-term leasehold property	-	Straight line over lease term
Plant and machinery	-	20% reducing balance
Motor vehicles	-	20%/30% reducing balance
Fixtures and fittings	-	20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised within 'administration expenses' in the statement of comprehensive income.

2.4

Stock and work in progress

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.8

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.10

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.11

Pensions

Defined contribution pension plan

The company operates defined contribution plans for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plans are held separately from the company in independently administered funds.

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BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.12

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

2.14

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.

2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 17

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.16

Judgements in applying accounting policies and key sources of estimated uncertainty

The directors have made estimations and assumptions regarding stocks and work in progress, deferred income and also on other provisions. These estimated and underlying assumptions are based on historical experience and other factors that are considered to be relevant and reviewed on an ongoing basis. The amounts have been recognised in the year ended 31 January 2026 listed below:

Stocks and work in progress - £1,628,644 (2025 - £860,248)
Deferred income - £1,200,415 (2025 - £604,524)
Dilapidation provision - £140,000 (2025 - £140,000)

Sales	10,542,116	15,662,329
Recharged expenses	1,332,880	1,142,500
	11,874,996	16,804,829

All turnover arose within the United Kingdom.

Fees payable to the company's auditors for the audit of the company's financial statements

15,425

Page 18

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Wages and salaries	3,615,465	3,640,017
Social security costs	34,638	34,638
Cost of defined contribution scheme	261,669	113,149
	3,911,772	3,787,804

The average monthly number of employees, including directors, during the year was 76 (2025 - 73).

6.	Directors' remuneration
		2026	2025
		£	£

Directors' emoluments	281,895	346,267
Company contributions to defined contribution pension schemes	200,643	50,643
	482,538	396,910

	During the year retirement benefits were accruing to 5 directors (2025 - 5) in respect of defined contribution pension schemes.
	The highest paid director received remuneration of £103,890 (2025 - £135,816).
	The value of the company's contributions paid to a defined contribution pension scheme in respect of the highest paid director amounted to £1,321 (2025 - £1,321).

7.	Interest receivable
		2026	2025
		£	£

Other interest receivable

52,907

56,071

8.	Dividends
		2026	2025
		£	£

Dividends

325,881

1,005,008

Page 19

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Corporation tax
Current tax on profits for the year	286,676	552,726

Deferred tax
Origination and reversal of timing differences	(18,242)	(10,236)
Total deferred tax	(18,242)	(10,236)


	Tax on profit	268,434	542,490

Profit on ordinary activities before tax

1,049,233

2,151,608

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2025 - 25%)	262,308	537,902
Effects of:
Expenses not deductible for tax purposes, other than goodwill amortisation and impairment	4,946	2,134
Depreciation for year in excess of capital allowances	19,422	12,690
Movement in deferred tax	(18,242)	(10,236)
Total tax charge for the year	268,434	542,490

Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Page 20

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

10.	Tangible fixed assets

	Long-term leasehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost or valuation
At 1 February 2025	127,624	546,685	441,483	1,115,792
Additions	-	-	25,392	25,392
Disposals	-	-	(106,989)	(106,989)
At 31 January 2026	127,624	546,685	359,886	1,034,195
Depreciation
At 1 February 2025	112,361	436,918	253,069	802,348
Charge for the year on owned assets	4,129	21,953	44,057	70,139
Disposals	-	-	(78,710)	(78,710)
At 31 January 2026	116,490	458,871	218,416	793,777
Net book value
At 31 January 2026	11,134	87,814	141,470	240,418
At 31 January 2025	15,263	109,767	188,414	313,444

11.	Stocks
		2026	2025
		£	£

Work in progress	1,628,644	860,248
	1,628,644	860,248

Page 21

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

12.

Debtors

					2026	2025
					£	£


Trade debtors	3,799,141	1,538,557
Other debtors	83	510
Prepayments and accrued income	103,289	102,284
	3,902,513	1,641,351

13.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	502,917	2,078,881
	502,917	2,078,881

14.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	1,756,297	1,113,109
Corporation tax	117,926	552,726
Other taxation and social security	316,135	133,942
Other creditors	9,518	6,225
Accruals and deferred income	1,182,035	632,017
	3,381,911	2,438,019

Secured loans

A bank overdraft facility is secured by way of a fixed and floating charge over the company's assets.

Page 22

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

15.	Deferred taxation

	2026	2025
	£	£

At beginning of year	(71,171)	(81,407)
Charged to profit or loss	18,242	10,236
At end of year	(52,929)	(71,171)

The provision for deferred taxation is made up as follows:
	2026	2025
	£	£

	Accelerated capital allowances	(52,929)	(71,171)
		(52,929)	(71,171)

16.	Provisions

		Dilapidation provision
		£

	At 1 February 2025	140,000
	At 31 January 2026	140,000

17.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

500 (2025 - 500) Ordinary 'A' Shares shares of £0.01 each	5	5
500 (2025 - 500) Ordinary 'B' Shares shares of £0.01 each	5	5
3,500 (2025 - 3,500) Ordinary 'C' Shares shares of £0.01 each	35	35
3,500 (2025 - 3,500) Ordinary 'D' Shares shares of £0.01 each	35	35
2,000 (2025 - 2,000) Ordinary 'F' Shares shares of £0.01 each	20	20

	100	100

Page 23

BURNELL CONTROLS (KENT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

18.	Pension commitments

The company operates defined contribution pension schemes for the directors and employees. The assets are held separately from those of the company in independently administered funds. At the end of the year, contributions amounting to £3,632 (2025 - £1,219) were outstanding and this balance is included within other creditors.

Not later than 1 year	120,658	120,658
Later than 1 year and not later than 5 years	437,188	470,134
Later than 5 years	-	87,714
	557,846	678,506

20.

Related party transactions

The directors have an interest in dividends paid in the year of £325,881 (2025 - £1,005,008).

Included within other creditors due within one year are amounts due to directors as at 31 January 2026 amounting to £9,000 (2025 - £4,500). The opening balance represents the maximum amount owed in the year.

Included within trade debtors is an amount of £30,000 (2025 - £18,600) owed by a company under common control. During the year, the company sold services totaling £1,436,380 (2025 - £1,195,000) to this company.

Page 24